Demand for toluene in India is huge while production is frail. India is highly dependent on toluene imports due to the imbalance between domestic production and demand. Demand of toluene is growing at a CAGR of 7.7% from fiscal year 2008-09 to 2016-17 and will be in double digits during the period of 2016 to 2021.

Overview

Highlights

Table of Contents

Deliverables

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Most of the domestic demand for toluene is met through imports and the international market has a direct bearing on domestic prices. In India, toluene is mostly produced by separation of aromatic mixture. The production of toluene depends significantly on the differential between toluene and naphtha prices. Toluene prices are directly proportionate to naphtha prices due to which production and supply patterns are directly affected by the swing in the prices of its feedstock.

RIL, IOCL, BPCL, GNFC and Deepak Nitrite Limited are the key producers of Toluene in India. Singapore is the major importing source of toluene and UAE is the major exporting destination.

Global demand for toluene was valued at over USD 25.1 billion in 2016. It is expected to reach above USD 31.8 billion in 2021 and is anticipated to grow at a CAGR of slightly above 4.0% between 2016 and 2021. China and USA consume about 50% of the total global output; Asia Pacific is the leading region in terms of demand. Out of the total consumption of toluene, 60% is utilized in production of benzene and xylene. Population growth in Asian Countries along with growing applications of PET and PS will support the benzene and xylene markets, which in turn is expected to drive the toluene market.

Highlights of the Report

Domestic installed capacity, production and demand

Demand Supply Forecasting

Key Manufacturers in India

Capacity Utilization Rate

Planned Projects and Expansions

Domestic Market Share and Trends

Region-wise Demand Distribution

Month-wise Import Quantities

Month-wise Export Quantities

Country-wise Share of Imports

Country-wise Share of Exports

Major End Users, Traders and Distributors

CFR Pricing

Domestic Market Price

Prominent Production Technology Licensors

Industrial Manufacturing Process

Application and Use in Diverse Sectors

Global Market highlights

Health Impacts

Chemical and Physical Properties

Market Dynamics

EXECUTIVE SUMMARY

CHAPTER 1: INTRODUCTION

Physical and Chemical Properties of Toluene

Technology

Manufacturing Process

Health and Safety Impacts of Toluene

Short-Term (Acute) Effects

Long Term (Chronic) Effects

Methods of Protection against Toluene

Uses of Toluene

Toluene applications on the basis of End Use and Solvent

CHAPTER 2: INDIAN SCENARIO

Capacity, Production, Import, Export and Demand for Toluene from fiscal Year 2008-09 to 2016-17 in MT